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Started By
Message
re: Todd Graves
Posted on 10/17/24 at 9:19 pm to BilJ
Posted on 10/17/24 at 9:19 pm to BilJ
quote:
Most of his tied up in the canes stores, he’s not unloading most of that to buy the saints. He does that and you have a similar problem you have now, an owner that that needs the team to profitable because it would then be his main source of income
I don’t think you understand how this works.
1
Posted on 10/17/24 at 9:20 pm to SEC Doctor
He really doesn’t 
Posted on 10/17/24 at 9:22 pm to BilJ
quote:
That’s not liquid cash.
Billionaires don’t buy things like this in their own cash. They borrow against their asset portfolio. For Todd, it would be heavily against his ownership stake of Cane’s
Posted on 10/17/24 at 9:24 pm to thenza
quote:
didn’t go to LSU
This is the only reason. They'd absolutely love the Mannings if they all went to LSU.
Posted on 10/17/24 at 9:24 pm to BilJ
I bet you think Elon bought twitter with his own cash. What an idiot
Posted on 10/17/24 at 9:24 pm to thenza
A Todd Graves, Chouest Family partnership would work.
Posted on 10/17/24 at 9:24 pm to BilJ
I hate to tell you, NFL owners revenue share and make A LOT of money. NFL teams print money.
This post was edited on 10/17/24 at 9:26 pm
Posted on 10/17/24 at 9:26 pm to BilJ
quote:
That’s not liquid cash.
Could take a loan on his assets.
Posted on 10/17/24 at 9:26 pm to Upperdecker
You still have to come up with a good bit of cash, no fun bunch you fat stupid frick I don’t think he’d have to pay cash for the team but if you think he could outright buy the saints without unloading a significant amount of his RE portfolio you’re an idiot
Posted on 10/17/24 at 9:27 pm to thenza
It’d be cool if Graves bought them and had them play two home games in Nov/Dec in Tiger Stadium.
Posted on 10/17/24 at 9:30 pm to BilJ
quote:
he’s not unloading most of that to buy the saints
You don’t understand how net worth works. None of these groups liquidate all of their assets to acquire another.
Posted on 10/17/24 at 9:30 pm to BilJ
quote:
You still have to come up with a good bit of cash
He wouldn’t have to. Banks will be bending over for him to finance with them. And he’ll have a minority owner or multiple to cover a portion of the cost
Posted on 10/17/24 at 9:32 pm to BilJ
quote:
You still have to come up with a good bit of cash, no fun bunch you fat stupid frick I don’t think he’d have to pay cash for the team but if you think he could outright buy the saints without unloading a significant amount of his RE portfolio you’re an idiot
Bud, chill out.
You didn’t know what you were talking about and now are freaking out.
It’ll be ok.
Posted on 10/17/24 at 9:36 pm to Fun Bunch
Also I’ll add…the majority owner only has to actually own 30% of an nfl team.
Can have another 10% private equity and another 60% from various people.
The amount he’d have to leverage himself isn’t as much as you think and he wouldn’t come out of pocket a dime
Can have another 10% private equity and another 60% from various people.
The amount he’d have to leverage himself isn’t as much as you think and he wouldn’t come out of pocket a dime
Posted on 10/17/24 at 9:38 pm to thenza
90% of his net worth is tied up in assets and valuations of Canes. He ain’t buying more than a 5% stake if anything.
Posted on 10/17/24 at 9:40 pm to saturday
quote:
quote:Uhhh, he’s richer than Benson Is he really? Damn son, good for him.
It’s hard to believe, but yes it’s true.
Posted on 10/17/24 at 9:41 pm to Fun Bunch
Fine that’s probably much more feasible just don’t think he could do it 100%
Even if you finance you have to be fairly liquid to own and operate an NFL team. Hell, some richer than Todd have had issues putting the guaranteed money on these big contracts into escrow.
Even if you finance you have to be fairly liquid to own and operate an NFL team. Hell, some richer than Todd have had issues putting the guaranteed money on these big contracts into escrow.
Posted on 10/17/24 at 9:43 pm to DalenSA
quote:
He doesn’t have that kind of bread
Right. He’s got Texas Toast.
Posted on 10/17/24 at 9:48 pm to Eightballjacket
quote:not really
It’d be cool if Graves bought them and had them play two home games in Nov/Dec in Tiger Stadium.
Not at all really
Posted on 10/17/24 at 10:05 pm to BilJ
quote:Ever heard of using assets as collateral for loans?
Most of his tied up in the canes stores, he’s not unloading most of that to buy the saints.
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